Treasurer Jim Chalmers touched down in Washington DC overnight to attend a series of meetings with the G20 finance ministers, central bank governors and the IMF.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasurer Jim Chalmers says inflation to remain longer than expectedTreasurer Jim Chalmers says inflation will remain longer than expected; federal and state government budgets will be in deficit until at least the end of the decade, IMF says. Follow updates here
Read more »
Treasurer Chalmers attends G20 talks in Washington DCTreasurer Jim Chalmers will be in Washington, DC today for high-level talks with G20 counterparts as he plans to fend off a recession and navigate global economic uncertainty. The International Monetary Fund is warning Australian home loans are at the second highest default risk in the developed world. The Treasurer will meet his foreign counterparts to assess the instability of global economic factors and how they will affect next month's budget.
Read more »
Jim Chalmers potentially ‘softening’ Australians up for a ‘bigger tax reform’Sky News Business Editor Ross Greenwood is concerned Treasurer Jim Chalmers is potentially “softening us up” for a bigger tax reform or change. “Because as he says, things are going to get tougher and Australia will slow down – there’s no doubt about that,” he told Sky News host Cory Bernardi.
Read more »
IMF reveals slowest global economic growth in 20 yearsThe International Monetary Fund has revealed the world is experiencing its slowest economic growth in 20 years. The latest figures from the IMF show Australia’s economic growth will crawl at just 1.6 per cent this year and 1.7 per cent the next. Treasurer Jim Chalmers says Australia won’t be completely immune from uneven global output growth ahead of his departure to Washington today for meetings with G20 counterparts.
Read more »
Chalmers says global economy on 'perilous path' amid report's warningsThe International Monetary Fund said the danger of recession has escalated for wealthy countries as it forecast global growth of just 2.8 per cent this year, with the Treasurer warning Australia 'won't be immune from a global slowdown'.
Read more »
Chalmers rejects IMF call for GST increaseWesley Mission will shut all its Sydney aged care centres due to problems attracting enough staff to fulfil new workforce and care requirements imposed by the Albanese government.
Read more »